News

At 79, my wife and I get $2K/month in Social Security, have $50K savings. We’re scared of running out of cash
With a modest $2,000 monthly income from Social Security and $50,000 in savings, it’s natural to be worried about outliving ...
How And Why I Built A Self-Funded Pension Using US Treasuries
Build a resilient investment strategy with a bond ladder to hedge against soaring US national debt. Learn the rationale and ...
Doing these 7 things with your 401(k) could ruin your retirement
Here are seven 401 (k) moves that are all but certain to derail your retirement.
As private equity enters retirement plans, is it too dangerous for average investors to jump in?
Investment-management company BlackRock recently unveiled a product that allows 401 (k) retirement savers to include ...
TMCnet2h
BlackRock Completes Acquisition of HPS Investment Partners
BlackRock, Inc. (NYSE: BLK) and HPS Investment Partners (HPS) today announced the successful completion of BlackRock's acquisition of HPS.
‘Finance makes me break out in hives’: I inherited $240K from my parents. Do I pay off my $258K mortgage and give up my job?
Dear Quentin, I recently lost both my parents and inherited $240,000. Due to life choices (divorce) and living paycheck to ...
The Bucket Investing Strategy: It Can Be Good for Many Early Retirees, and the Rest of Us
Once your bucket strategy is set up, it will still require your attention regularly: As time goes by in retirement, bucket 1 ...
How to build a portfolio you don't have to babysit
If you’re a do-it-yourself investor aiming to build a “no babysitter required” portfolio, here are the key steps to take.
Looking for an income stream for decades? Here’s how to emulate the Bobby Bonilla plan to get paid over time
Through a CD ladder, your cash could be used to generate regular income like Bonilla’s. Under this strategy, you would buy ...
LAist5h
LA's new budget kicks in today. Here's what your tax dollars are paying for
Property taxes are the biggest share of the city’s revenue, making up 20% of the general fund that’s used to pay for most ...
This 401(k) Withdrawal Snafu Could Knock Your Portfolio off Course
“The hierarchy method is a fine print and disclosure problem,” said Jonathan Lee, senior portfolio manager at U.S. Bank ...
Why Bobby Bonilla's $30 million retirement deal wasn't as sweet as people think
Bonilla's really great financial moves were the deals he signed in the 1990s, starting with a five-year contract with the Mets worth about $70 million in today's money. The retirement deal he struck ...